# Novelis to build $300M automotive aluminum sheet plant in Zhenjiang, China

Novelis signed an agreement to build a lightweight high-end automotive aluminum sheet project in Zhenjiang, China. The $300 million facility will produce 230,000 tons of cold-rolled aluminum coils annually for automotive customers.

- Type: New facility
- Announced: 2024-01-15
- Where: Zhenjiang, China, China
- Value: $300.0M
- Status: announced
- Capacity: 230,000 tons of cold-rolled aluminum coils per year
- Products: lightweight high-end automotive aluminum sheet, cold-rolled aluminum coils
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novelis](https://endata.com/companies/2475.md)

## Sources

- [haythink.com](https://www.haythink.com/novelis-builds-new-automotive-aluminum-sheet-production-base-in-china/), 2024-01-15: "Novelis lightweight and high-end automotive aluminum sheet project has a total investment of 300 million US dollars, with a planned area of about 400 acres, which will be invested and constructed in three years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.